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DIGITAL RIVER WORLD
PAYMENTS
OPTIMIZING ECOMMERCE
THROUGH PRIVATE STORES
TODAY’S PRESENTERS
James Gagliardi, VP of Product Strategy, Digital River
• In his role, James is responsible for the strategy behind the
company’s global product roadmap.
• Over 15 years of experience working with some of the world’s most
recognized brands to help them design and implement successful,
global ecommerce channels for both B2C and B2B
Namrata Sinha, Sr. Manager of Global eBusiness, Western Digital
• In her role, Namrata over oversees the development and
implementation of Western Digital’s global ecommerce strategy for
direct-to-consumer
• Experience managing online stores across the globe – North
America, EMEA, and Asia
DIGITAL RIVER AT A GLANCE
$390M in 2013 revenue
$31B
annual online
transactions (ttm)
20 years of experience
31 offices around the world
50% revenue outside the Americas
in 2013
1,300+ commerce experts
243
countries and territories
where we do business
200+ payment methods
TRANSACTIONS BY GEOGRAPHY
AMERICAS
51%
EMEA
39%
APAC
10%
TRANSACTIONS BY REGION
OUR CUSTOMERS INCLUDE TOP GLOBAL BRANDS
TODAY’S AGENDA
1 WHAT ARE PRIVATE STORES?
PRIVATE STORE CONCEPTS
WESTERN DIGITAL: CASE IN POINT
PLAN STRATEGY & PLANNING
2
3
4
PRIVATE STORES
Private Stores enables the segmentation and
targeting of “known” sets of customers and
offer them a custom shopping experience
with differentiated product assortment,
special discounts and merchandising offers.
EMPLOYEES PARTNERS AND
ASOCIATIONS
FRIENDS AND
FAMILY
STUDENTS EVENTSLOYALTY AND
FAN CLUBS
5 - 50% of Revenue
0% 50% 100%
MEMBERS ONLY
CHANNEL CONFLICT
B2B
Contract Pricing
Volume Discounts
Purchase Orders
Retail Pricing
Promo Discounts
Credit Cards
Tiered Pricing
Purchase Plans
Private Stores
B2C
HOW IT WORKS
Rods and Reels
40% Off
Limit 2 per category
Accessories
15% Off
Limit 2 per item
Bait and Tackle
25% Off
No Limit
MEMBERS ONLY
SEGMENTATION
EMPLOYEE STORE
FRIENDS AND FAMILY
PARTNER PROGRAM USE CASE
14
Product availability and
discounts variable by Partner
Product availability and
discounts variable by Partner
AFFINITY PROGRAM
AFFINITY PROGRAM
AFFINITY PROGRAM
EXTENDING YOUR ENTERPRISE (B2B) PROGRAM
EDUCATION
PRODUCT LIFECYCLE
PRODUCT LIFECYCLE
Pre-Order End-of-LifeA-Stock Slow Refirb
PRODUCT LIFECYCLE OPTIMIZATION
PRODUCT LIFECYCLE OPTIMIZATION
WESTERN DIGITAL
WESTERN DIGITAL PRIVATE STORES: CASE IN POINT
• Western Digital wanted a vehicle that
would allow them to target and engage
specific new customer segments
• Needed a capability that would provide the
ability to extend specific promotions and
offers to specific customer segments
without disrupting the rest of their
ecommerce business
• Customized private stores offering special
discounts/pricing to specific customer
segments including:
o Students
o Seniors
o Employees
o Channel Partners
BUSINESS IMPACT:
• Implementing Private Stores has helped Western Digital:
o Avoid channel conflicts
o Easily manage purchase limits
o Create custom pricing discounts
o Strengthen customer relationships
o Tailor promotions to specific audiences
o Regionalize based on business need
PRIVATE STORES IN ACTIONWHY PRIVATE STORES?
WESTERN DIGITAL PRIVATE STORES: IMPLEMENTATION
IMPLEMENTING PRIVATE STORES . . .
DOMAIN VALIDATION/
FILTERING
1. IP VALIDATION/
FILTERING
2.
−Student Stores: abc@university.edu
−Senior Stores:
abc@seniororganization.org
−Partner Stores:
abc@partner.org
−Employee Stores
WESTERN DIGITAL PRIVATE STORE EXAMPLES
PARTNER STORESSTUDENT STORES
PLAN STRATEGY AND PLANNING
 Students
 Teachers and Faculty
 Businesses
 VARs
 Associations / Tradeshows
 Military
 Government
 Non-Profits
 First Responders
 Social Influencers
 VIP Customers
 Email Address White List
 Email Domain
 @company.com
 .edu
 Unique Identifier
 Generic Code
 @socialmedia
 Referring URL
 IP Address
 Email Invitation
 a.k.a. Friends and Family
 Verification
2. AUTHENTICATION RULES1. TARGET MARKETS
PLAN STRATEGY AND PLANNING
 Product Inclusion / Exclusion
 Quantity of products in a given
period of time
 Individual products or across all
products in a group
 Example: You can buy a limit of 2 of each TV vs.
You can buy a limit of 2 TV’s in a given period.
 Time period
 lifetime, month, quarter, year or custom.
 Minimum and maximum quantity
 Example Plan Limit of 10, Line Item of 2. Shopper
would need 5 or more separate orders to reach
maximum.
 Branding Approach
 Price Discounts
 per group, category, or product
 Discount approach
 Percent Off, Amount Off, specific pricing
 Country support
 Pricing per currency, shipping costs
4. PRICING PLAN3. PRODUCT STRATEGY
Optimizing Ecommerce Through Private Stores

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Optimizing Ecommerce Through Private Stores

  • 1. INSERT PRESENTATION TITLE HERE DIGITAL RIVER WORLD PAYMENTS OPTIMIZING ECOMMERCE THROUGH PRIVATE STORES
  • 2. TODAY’S PRESENTERS James Gagliardi, VP of Product Strategy, Digital River • In his role, James is responsible for the strategy behind the company’s global product roadmap. • Over 15 years of experience working with some of the world’s most recognized brands to help them design and implement successful, global ecommerce channels for both B2C and B2B Namrata Sinha, Sr. Manager of Global eBusiness, Western Digital • In her role, Namrata over oversees the development and implementation of Western Digital’s global ecommerce strategy for direct-to-consumer • Experience managing online stores across the globe – North America, EMEA, and Asia
  • 3. DIGITAL RIVER AT A GLANCE $390M in 2013 revenue $31B annual online transactions (ttm) 20 years of experience 31 offices around the world 50% revenue outside the Americas in 2013 1,300+ commerce experts 243 countries and territories where we do business 200+ payment methods TRANSACTIONS BY GEOGRAPHY AMERICAS 51% EMEA 39% APAC 10% TRANSACTIONS BY REGION OUR CUSTOMERS INCLUDE TOP GLOBAL BRANDS
  • 4. TODAY’S AGENDA 1 WHAT ARE PRIVATE STORES? PRIVATE STORE CONCEPTS WESTERN DIGITAL: CASE IN POINT PLAN STRATEGY & PLANNING 2 3 4
  • 5. PRIVATE STORES Private Stores enables the segmentation and targeting of “known” sets of customers and offer them a custom shopping experience with differentiated product assortment, special discounts and merchandising offers. EMPLOYEES PARTNERS AND ASOCIATIONS FRIENDS AND FAMILY STUDENTS EVENTSLOYALTY AND FAN CLUBS 5 - 50% of Revenue 0% 50% 100%
  • 8. B2B Contract Pricing Volume Discounts Purchase Orders Retail Pricing Promo Discounts Credit Cards Tiered Pricing Purchase Plans Private Stores B2C
  • 9. HOW IT WORKS Rods and Reels 40% Off Limit 2 per category Accessories 15% Off Limit 2 per item Bait and Tackle 25% Off No Limit
  • 14. PARTNER PROGRAM USE CASE 14 Product availability and discounts variable by Partner Product availability and discounts variable by Partner
  • 18. EXTENDING YOUR ENTERPRISE (B2B) PROGRAM
  • 25. WESTERN DIGITAL PRIVATE STORES: CASE IN POINT • Western Digital wanted a vehicle that would allow them to target and engage specific new customer segments • Needed a capability that would provide the ability to extend specific promotions and offers to specific customer segments without disrupting the rest of their ecommerce business • Customized private stores offering special discounts/pricing to specific customer segments including: o Students o Seniors o Employees o Channel Partners BUSINESS IMPACT: • Implementing Private Stores has helped Western Digital: o Avoid channel conflicts o Easily manage purchase limits o Create custom pricing discounts o Strengthen customer relationships o Tailor promotions to specific audiences o Regionalize based on business need PRIVATE STORES IN ACTIONWHY PRIVATE STORES?
  • 26. WESTERN DIGITAL PRIVATE STORES: IMPLEMENTATION IMPLEMENTING PRIVATE STORES . . . DOMAIN VALIDATION/ FILTERING 1. IP VALIDATION/ FILTERING 2. −Student Stores: abc@university.edu −Senior Stores: abc@seniororganization.org −Partner Stores: abc@partner.org −Employee Stores
  • 27. WESTERN DIGITAL PRIVATE STORE EXAMPLES PARTNER STORESSTUDENT STORES
  • 28. PLAN STRATEGY AND PLANNING  Students  Teachers and Faculty  Businesses  VARs  Associations / Tradeshows  Military  Government  Non-Profits  First Responders  Social Influencers  VIP Customers  Email Address White List  Email Domain  @company.com  .edu  Unique Identifier  Generic Code  @socialmedia  Referring URL  IP Address  Email Invitation  a.k.a. Friends and Family  Verification 2. AUTHENTICATION RULES1. TARGET MARKETS
  • 29. PLAN STRATEGY AND PLANNING  Product Inclusion / Exclusion  Quantity of products in a given period of time  Individual products or across all products in a group  Example: You can buy a limit of 2 of each TV vs. You can buy a limit of 2 TV’s in a given period.  Time period  lifetime, month, quarter, year or custom.  Minimum and maximum quantity  Example Plan Limit of 10, Line Item of 2. Shopper would need 5 or more separate orders to reach maximum.  Branding Approach  Price Discounts  per group, category, or product  Discount approach  Percent Off, Amount Off, specific pricing  Country support  Pricing per currency, shipping costs 4. PRICING PLAN3. PRODUCT STRATEGY